Mastercard Sales Intelligence Blog

Mastercard Incorporated

2000 Purchase Street
Purchase, NY 10577
United States
914-249-2000
http://www.mastercard.com

 

Mastercard Blog Highlights

Mastercard Incorporated (NYSE: MA) is ranked #191 on the 2020 Fortune 500 list

  • Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform
  • Highlights from CEO-elect Michael Miebach's presentation at the Virtual Deutsche Bank Technology Conference
  • Mastercard Expands Installment Offerings Through Global Partnerships

 

Mastercard Social Media properties

Facebook: https://www.facebook.com/MastercardUS/?brand_redir=1
LinkedIn: https://www.linkedin.com/company/mastercard/
Twitter: https://twitter.com/mastercardnews
YouTube: https://www.youtube.com/user/MasterCard

 

Mastercard Sales Trigger Events

Mastercard Partners With Usio to Boost City Possible Network

Mastercard Incorporated's MA City Possible recently partnered with Usio, Inc. USIO, which is best known for offering integrated electronic payment solutions. The tie-up has paved the way for continuous integration of Usio’s prepaid platform into the City Possible network. Notably, shares of Mastercard have lost 1.2% on Sep 18, replicating the declines in the broader markets.

It is to be noted that collaboration forms the crux of the City Possible network, where members work closely with each other for promoting sustainable urban development. The latest move clearly highlights Mastercard’s efforts to expand the reach of its City Possible network, which along with Accelerator for America has enabled Usio to engage in accelerated deployment of its innovative prepaid card solutions to several organizations across the United States.
Source: https://finance.yahoo.com/news/mastercard-partners-usio-boost-city-135801199.html


Mastercard unites technology leaders to launch Tech for Good Partnership

Mastercard has joined forces with leading financial services and technology providers to launch the Tech for Good Partnership, a private sector agreement to accelerate digital and financial inclusion in the Latin America and Caribbean region.The Partners in its initial activities will focus on developing concrete initiatives in specific markets to expand essential financial services like disbursements of much-need financial aid, long-standing access to credit, and educational resources and tools to the millions of Latin Americans who are currently vulnerable. Over time, the Partners have plans to share best practices and initiative outcomes with a broader financial services industry for the betterment of the ecosystem, via organized virtual events, white papers, and publications, among others.

“Technology has the power to change the reality for the millions of individuals and businesses unprepared to meet today’s challenges. As the digital economy grows exponentially, the role of businesses must also grow to unite the best minds, resources and efforts with a singular focus: to build an inclusive economy in the region. This can be a game-changer for so many,” said Carlo Enrico, President, Mastercard Latin America and Caribbean.
Source: https://ibsintelligence.com/ibsi-news/mastercard-unites-technology-leaders-to-launch-tech-for-good-partnership/

There are dozens more actionable sales trigger events in the Mastercard Sales Intelligence Report. Please download the Mastercard profile report to see all 37 of them.

Mastercard presents at the Virtual Deutsche Bank Technology Conference

Sept 14, 2020

Comments from Michael Miebach, CEO-elect

"The focus on digitization this is really where our groundwork over the last years has paid off to focus on tokenization our digital first approach et cetera, et cetera. So that is that we will continue down that route, our overall strategic focus around grow diversify build, we will not let off when it comes to focusing on our core business; diversifying into new geographies and customer segments. And that really where I spend most of my time in the last five years was the build part. That's multi rail, that's open banking; that is B2B, all that that's really where we have an opportunity with this digital tailwind to build this out."

"And then it's this look around open banking, basically of diversifying beyond payments into adjacent areas like data transactions and so forth. So, to keep that focus, we'll do that we'll do it organically."

"Across all of these trends, we're well invested, we're well positioned. And I said at the outset, our whole work around tokenization and gateway capabilities and so forth pays off right now, but it's also the time as you think about click to pay. Here's a great consumer experience making the online acceptance of -- for checkout experience, the guest experience so much easier. So we'll play right into that changing consumer behavior."

"On the data analytics side, again, there is quite a set of capabilities that are not linked to transaction growth or changes in the number of transactions. And that is our test to learn capability that is indeed, the most interesting asset on the data analytic side in a time of absolute crisis, every customer need a bank, be the merchant, be the government wanted to understand how this crisis is hitting my environment, my business, my industry, my country." - Source

 

Mastercard Earnings Call Highlights

July 30, 2020

Executives In Attendance

Analysts in Attendance

  • Bryan Keane – Deutsche Bank
  • Darrin Peller – Wolfe Research
  • Craig Maurer – Autonomous Research
  • Lisa Ellis – MoffettNathanson
  • Bob Napoli – William Blair
  • Tien-tsin Huang – JPMorgan
  • Sanjay Sakhrani – KBW
  • Andrew Jeffrey – SunTrust
  • David Togut – Evercore ISI
  • Ashwin Shirvaikar – Citi

 

  • As part of Mastercard's $250 million commitment to support small business globally, Mastercard has developed the Digital Doors initiative, which provides gateway, cybersecurity and other resources for merchants to quickly establish an online presence and start accepting electronic payments.
  • The Mastercard installment solution has been available market-wise for several years. The company's acquisition of Vyze allowed Mastercard to advance presence with marquee merchants in the U.S. And internationally, forging partnerships with Pine Labs, Afterpay to provide tailored regional solutions.
  • Mastercard has engaged with governments in over 100 data analytics, cybersecurity and disbursement programs in over 30 markets around the world since the crisis began.
  • The company's services capabilities provided key elements of differentiation to help win several deals this quarter. Mastercard key consumer partnerships with Bank in the U.S., Abu Dhabi Commercial Bank in UAE, Santander in Mexico and a credit renewal with the Bank of China.

    Mastercard Q2 2020 Earnings Call on July 28, 2020

    Mastercard Executive Leadership

    Ajay Banga President and Chief Executive Officer
    Ajay Bhalla President, Cyber and Intelligence Solutions
    Andrea Scerch President, Consumer Products and Processing
    Ann Cairns Executive Vice Chairman
    Ari Sarker Co-President, Asia Pacific
    Blake Rosenthal Executive Vice President, Acceptance Solutions
    Carlo Enrico President, Latin America and Caribbean
    Carlos Menendez President, Enterprise Partnerships
    Craig Vosburg President, North America
    Dimitrios Dosis President, Advisors
    Ed McLaughlin President, Operations and Technology
    Francis Hondal President, Loyalty & Engagement
    Gilberto Caldart President, International
    Hai Ling Co-President, Asia Pacific
    James Anderson Executive Vice President, Commercial Products
    Jennifer Rademaker Executive Vice President, Customer Delivery
    Jorn Lambert Chief Digital Officer, Digital Consumer Solutions
    Kevin Stanton Chief Transformation Officer
    Kush Saxena Executive Vice President, U.S. Merchants and Acceptance
    Linda Kirkpatrick President, U.S. Issuers
    Mark Barnett President, Europe
    Michael Fraccaro Chief People Officer
    Michael Froman Vice Chairman and President, Strategic Growth
    Michael Miebach President and CEO-Elect
    Paul Stoddart President, New Payment Platforms
    Raghu Malhotra President, Middle East and Africa
    Raj Seshadri President, Data and Services
    Raja Rajamannar Chief Marketing & Communications Officer and President, Healthcare
    Sachin Mehra Chief Financial Officer
    Tim Murphy General Counsel

     Mastercard executives

    Mastercard Board of Directors

    NAME TITLE COMPANY
    Richard Haythornthwaite Chairman and Co-founder QiO Technologies
    Ajay Banga Chief Executive Officer Mastercard Inc
    Richard Davis Chief Executive Officer Make-A-Wish America
    Steven J. Freiberg Former CEO ETrade Financial Corporation
    Julius Genachowski Managing Director and Partner The Carlyle Group
    Choon Phong Goh Chief Executive Officer Singapore Airlines Limited
    Merit E. Janow Dean, School of International & Public Affairs (SIPA) Columbia University
    Oki Matsumoto Managing Director, Chairman and CEO Monex Group, Inc.
    Rima Qureshi EVP and Chief Strategy Officer Verizon Communications Inc.
    José Octavio Reyes Lagunes Former Vice Chairman, The Coca-Cola Export Corporation The Coca-Cola Company
    Youngme Moon Donald K. David Professor of Business Administration Harvard Business School
    Gabrielle Sulzberger General Partner Fontis Partners, L.P.
    Jackson Tai Former Vice Chairman and CEO DBS Group and DBS Bank Ltd.
    Lance Uggla Chairman and Chief Executive Officer IHS Markit Ltd.

     

    Mastercard Annual Report Highlights

    Mastercard is a technology company in the global payments industry that connects consumers, financial institutions, merchants, governments, digital partners, businesses and other organizations worldwide, enabling them to use electronic forms of payment instead of cash and checks. The company make payments easier and more efficient by providing a wide range of payment solutions and services using family of well-known brands, including Mastercard®, Maestro® and Cirrus®. 

    Mastercard Business Operations

    Mastercard Financial Highlights

    Fiscal Year
    Fiscal Year Ends December 31, 2020
    Most Recent Quarter  July 30, 2020
    Profitability
    Profit Margin 45.12%
    Operating Margin  55.49%
    Management Effectiveness
    Return on Assets  19.79%
    Return on Equity  125.61%
    Income Statement
    Revenue  16.23 Billion
    Revenue Per Share  16.1
    Quarterly Revenue Growth  -18.90%
    Gross Profit  16.88B
    EBITDA 9.58B
    Net Income Avi to Common  7.32B
    Diluted EPS  7.23
    Quarterly Earnings Growth  -30.70%
    Balance Sheet
    Total Cash  11.53B
    Total Cash Per Share  11.52
    Total Debt  12.5B
    Total Debt/Equity  190.87
    Current Ratio  1.95
    Book Value Per Share  6.44
    Cash Flow Statement
    Operating Cash Flow  8.65B
    Levered Free Cash Flow  6.87B

     

    Mastercard Strategy

    Mastercard grows, diversifies and builds business through a combination of organic and inorganic strategic initiatives.

    • personal consumption expenditure (“PCE”) growth
    • driving cash and check transactions toward electronic forms of payment
    • increasing share in the payments space

    Growing the company's business also includes supplementing core network by providing integrated value-added products and services and enhanced payment capabilities to capture new payment flows, such as business to business (“B2B”), person to person (“P2P”), business to consumer (“B2C”) and government payments. 

     

    Mastercard Recent Developments

    Click to Pay
    • delivered “click to pay”, activation of the EMV Secure Remote Commerce industry standard that enables a faster, more secure checkout experience across web and mobile sites, mobile apps and connected devices. This checkout experience is designed to provide consumers the same convenience and security in a digital environment that they have when paying in a store, make it easier for merchants to implement secure digital payments and provide issuers with improved fraud detection and prevention capability.


    Commercial and B2B
    Building on corporate T&E, fleet, purchasing card and small business capabilities, the company has been increasingly focused on developing solutions to address other ways that businesses move money.

    • They announced Mastercard Track, B2B payment ecosystem which represents a collection of products and services aimed at improving the way businesses pay and get paid. The Track suite of products aims to introduce Mastercard Track Business Payment Service™, an open-loop commercial service built to simplify and automate payments between suppliers and buyers.
    • They extended support for commercial cards by adding new partners to virtual card program, with a focus on helping to make virtual cards a preferred tool with straight-through (automated) acceptance and processing.


    New payment flows

      Mastercard signed new agreements to bring our real-time payments infrastructure to more markets, including our relationship with P27 Nordic Payments Platform that will help deliver one real-time and batch payments solution across the Nordic markets. This solution uses the same technology that powers the ability for consumers and businesses in the U.S. to send and receive immediate payments through the Clearing House platform. Mastercard was also selected to enhance the InstaPay real-time retail payment system in the Philippines, including operating the infrastructure for and providing anti-money laundering tools to the national clearing switch in the Philippines.


        Other Initiatives

        The company continued to implement the shift to a symbol brand by dropping the name from the logo, and debuted the sonic brand identity, comprised of a comprehensive sound architecture featuring a distinctive melody that will be employed in physical, digital and voice environments where consumers engage with Mastercard across the globe.

          

        See the Full Mastercard 2019 Annual Report

        Mastercard Org Charts

        Mastercard Org Chart Board of Directors
        Mastercard Org Chart Executive Leadership

         

        Mastercard Org chart Executive Leadership 2

         

        More on Mastercard


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